Yue Kan Holdings Limited (2110) AI Stock Analysis

• Market Cap: HK$28.50M
• Dividend Yield: N/A
• Average Volume (3M): 52.30K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.12
• Revenue Growth: 8.09%
• EPS Growth: 61.44%
• Country: HK
• Employees: 106
• Sector: Industrials
• Sector Strength: 86
• Industry: Engineering & Construction
• EPS (TTM): -0.13
• Shares Outstanding: 300,000,000
• 10 Day Avg. Volume: 79,500
• 30 Day Avg. Volume: 52,300
• PEG Ratio: -0.04
• Price to Book (P/B): 0.47
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.21
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 44 Neutral
• Price Target: HK$0.00 ▼(-100.00%Downside)

Yue Kan Holdings Limited has a low overall stock score due to significant financial challenges and bearish technical indicators. The negative P/E ratio and absence of a dividend yield further diminish its attractiveness, making financial performance the most significant factor.

Yue Kan Holdings Limited Business Overview & Revenue Model

Company Description

Yue Kan Holdings Limited, an investment holding company, engages in the operates as a marine construction works subcontractor in Hong Kong. The company operates through Marine Construction Works, Other Civil Engineering Works, and Vessel Chartering Services segments. The Marine Construction Works segment undertakes reclamation, submarine pipeline, and sediment treatment works, as well as regulation and deposition of sand blanket works. The Other Civil Engineering Works segment includes foundation works, site formation works, and roads and drainage works. The Vessel Chartering Services segment provides chartering services, such as hiring of vessels and crews. The company was founded in 2010 and is headquartered in Kowloon, Hong Kong.

How the Company Makes Money

Yue Kan Holdings Limited makes money through its fitting-out and renovation services, which include the design and execution of interior spaces for various types of buildings. The company earns revenue by undertaking contracts for commercial and residential projects, charging fees for design, management, and construction services. Key revenue streams likely include contractual payments for completed projects and consultancy fees. Significant partnerships may involve collaborations with property developers and architectural firms, contributing to its earnings by expanding its client base and project portfolio.

Yue Kan Holdings Limited Financial Statement Overview

Summary

Yue Kan Holdings Limited faces significant financial challenges. The company struggles with profitability and cash flow, as highlighted by negative profit margins and cash flows. Although the balance sheet shows low leverage, the declining equity ratio poses a risk. Improvements in revenue and cost management are essential.

Income Statement

Yue Kan Holdings Limited has faced declining revenue with a notable drop from 2021 to 2024. The company's gross and net profit margins are negative, indicating operational and net losses. Although there was slight revenue growth from 2023 to 2024, profitability remains a significant challenge with negative EBIT and EBITDA margins.

Balance Sheet

The balance sheet shows a relatively stable equity base, but the debt-to-equity ratio remains low due to limited total debt. However, the declining equity ratio signals increased financial risk. The return on equity has been negative, reflecting the company's ongoing losses.

Cash Flow

Cash flow from operations is negative, and free cash flow has consistently been negative, highlighting cash management challenges. The operating cash flow to net income ratio is unfavorable, indicating cash flow issues relative to reported losses. The company needs to improve its cash generation capabilities.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	207.88M	223.33M	198.03M	212.28M	345.62M	313.65M
Gross Profit	-24.86M	-31.86M	-62.34M	30.21M	56.01M	51.03M
EBITDA	-29.40M	-31.36M	-73.13M	29.53M	54.26M	42.16M
Net Income	-36.55M	-44.14M	-87.05M	16.68M	37.63M	28.11M
Balance Sheet
Total Assets	101.95M	117.47M	145.99M	227.77M	265.47M	152.34M
Cash, Cash Equivalents and Short-Term Investments	35.29M	25.82M	33.69M	85.18M	124.52M	32.85M
Total Debt	4.32M	4.95M	6.84M	1.01M	1.62M	7.26M
Total Liabilities	37.23M	43.56M	39.52M	34.29M	63.67M	52.19M
Stockholders Equity	64.72M	73.90M	106.47M	193.48M	201.79M	100.15M
Cash Flow
Free Cash Flow	-26.71M	-26.79M	-49.84M	-13.67M	20.11M	16.55M
Operating Cash Flow	-26.61M	-26.70M	-38.71M	14.82M	34.22M	30.24M
Investing Cash Flow	7.24M	8.80M	-10.77M	-28.48M	-24.11M	-22.24M
Financing Cash Flow	1.31M	10.06M	-2.02M	-25.68M	83.40M	-2.04M

Yue Kan Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.10
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2110, the sentiment is Negative. The current price of 0.1 is above the 20-day moving average (MA) of 0.10, below the 50-day MA of 0.10, and below the 200-day MA of 0.12, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 40.06 is Neutral, neither overbought nor oversold. The STOCH value of 20.24 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2110.

Yue Kan Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$10.77B	15.80	5.51%	1.90%	3.03%	-26.66%
2110	44 Neutral	HK$28.50M	―	-44.85%	―	8.09%	61.44%
1495		HK$25.85M	―	-98.56%	―	―	―
2448		HK$26.11M	―		―	―	―
3728	56 Neutral	HK$37.48M	3.87	7.15%	―	13.59%	-19.85%
8366	46 Neutral	HK$26.81M	24.29		―	21.90%	―
8373		HK$26.00M	1.59	18.60%	―	―	―

Yue Kan Holdings Limited Corporate Events

Tian Cheng Holdings Appoints Independent Director

Tian Cheng Holdings Limited has announced the appointment of Mr. Wen as an independent non-executive director. Mr. Wen has confirmed his independence according to the relevant Listing Rules, ensuring no financial or other interests in the company’s business or connections with core connected persons, which may impact his role.

Tian Cheng Holdings Appoints New Independent Director to Strengthen Governance

Tian Cheng Holdings Limited has announced the appointment of Mr. Yin Jun as an independent non-executive director, chairman of the Remuneration Committee, and member of the Nomination and Audit Committees effective from May 16, 2025. Mr. Yin brings extensive experience from his roles in various companies, including those in e-commerce and new energy technology sectors. His appointment helps the company comply with specific Hong Kong Stock Exchange Listing Rules, enhancing its governance structure.

Tian Cheng Holdings Announces Board Composition and Committee Structure

Tian Cheng Holdings Limited, listed under stock code 2110, has announced the composition of its board of directors, which includes seven members. The board comprises both executive and independent non-executive directors, with Ms. Zheng Yanling serving as the Chairman. The company has also established three committees: Audit, Remuneration, and Nomination, each chaired by different independent non-executive directors. This announcement reflects the company’s commitment to maintaining a structured and transparent governance framework, which is crucial for its operational integrity and stakeholder confidence.